DARAZ AND KAYMU NOW ONE ECOMMERCE PLATFORM

Karachi, Wednesday, July 5, 2017. Daraz Group announced today that the union of the two ecommerce giants Daraz and Kaymu, last year, is now complete. Going forward, there will only be one active website – www.daraz.pk – through which the ecommerce leader will continue to grow its seller and customer base.

“The Daraz we see today is the best of the two businesses that came together mid last year and we owe a big part of our success to the people and learnings coming from Kaymu. Thousands of high quality Kaymu sellers are now selling on Daraz and most of them are already doing significantly more business now than they ever did on Kaymu,” says Bjarke Mikkelsen, CEO Daraz Group.

Daraz will continue to work relentlessly to raise the standards of ecommerce service solutions by ensuring that millions of Pakistanis benefit from 100% purchase protection, with fast-growing assortment of original, genuine products, safe and secure payment options, and free and easy returns. We thank our patrons for their trust and support as well as our teammates for their hard work in making this happen.

About Daraz

Daraz is the leading e-commerce platform in Pakistan, Bangladesh, Myanmar, Sri Lanka and Nepal. The company started in Pakistan in 2012 as an online fashion business, but since then has expanded its business model to a general marketplace for quality brands within electronics, home appliances, fashion and many other categories. Daraz is owned by CDC Group – the UK Government’s Development Finance Institution (DFI) focused on supporting and developing businesses in Africa and South Asia – as well as the Asia Pacific Internet Group (APACIG).